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Archived Phuket Bulletins
March 2010
Fourth Phuket property for Best Western.
Best Western International has announced the opening of
its fourth hotel in the Thai island of Phuket. The
129-room Best Western Allamanda Laguna Phuket is situated
on Phuket’s Bang Tao Beach within the stunning
Holiday homes marketing venture for JLL.
Jones Lang LaSalle´s Phuket office has launched a holiday
homes marketing service to tap increasing demand from its
clients. Since 2008 the company´s office on the island has
been managing resorts,
January 2010
Buyers act to mitigate risks and focus on completed
projects.
As foreign property buyers in Phuket shift their focus
towards buying completed projects, one industry expert has
high expectations that a newly completed project will
become a top seller during
December 2009
Impiana launches private Kata villas.
Phuket has seen a plethora of real estate and boutique
resort development over recent years. Many of these villa
developments are now starting to come online and operate
as boutique resorts or independently
New govt. initiative to reduce
plastic bag usage in Phuket.
´Keep Phuket Clean´ – a grass roots community clean-up
programme created by the ´Summer in Phuket´ campaign
received a major boost by the Government who are
initiating a 2 baht per plastic
November 2009
Akara Phuket Property launches luxury villa project.
Akara Phuket Property has announced the launch of its
project Luxury Hillside Modern Villa in Phuket, a spacious
off-plan development incorporating four modern tropical
villas which will be offered at
October 2009
Phuket luxury villa transactions hit Bt3.5bn.
Despite continued restrained demand in the broader
property market, Phuket luxury villa transactions hit
Bt3.5bn in the first half of 2009. According to the Phuket
Luxury Villa Market Update
Alternative Ownership Conference to
be held in Phuket.
In response to this growing trend of ´alternative
ownership´, the Alternative Ownership Conference for
Hotels and Resorts – Asia Pacific (AOCAP) will be held
October 12 -13,
September 2009
Gaggenau launches its mobile kitchen.
German design brand Gaggenau was in Phuket recently to
hold the premier launch of its Mobile Showroom kitchen at
the Anantara Resort & Spa. Despite the current economic
downturn, the professional-grade
August 2009
IndoChine Resort & Villas enters management agreement.
Phuket based IndoChine Resort & Villas has entered a joint
venture management agreement with two of the United States
most experienced hotel management groups,
July 2009
Mandala Condominiums puts emphasis on value for money.
Condominium developments on Phuket have become
´fashionable´ over recent years with low, medium and
upper-end condominiums springing up all over the island.
In the current slack market environment
Rich aspirations.
With a range of new facilities and services aimed at the
(very) wealthy. It has long been argued that Phuket
doesn't need more tourists, but richer tourists instead.
Very much richer - ultra-rich, in fact.
March 2009
Luxury comes to Soi Bangla in Patong
In the heart of Patong Beach, Phuket, Soi Bangla has long
been renowned for its wild nightlife and raunchy
entertainment venues. However, in recent years the soi has
become a pedestrian street at night
Sea Pearl Villas launched
Located on the top of Patong Hill on the main road leading
towards Patong Beach, the new Sea Pearl Villas has already
been dubbed a new Patong icon. Sitikorn Soontornnont,
son of project owner
February 2009
Andara Phase 3 launched
Phase 3 of Allan Zeman's luxury residential project in
Phuket, Andara, has now been launched, and the legendary
Hong Kong businessman says he is pulling out all the stops
to ensure the continued
New Phuket hotels
going ahead
Development of new Phuket hotel properties remains strong,
with over 4,918 rooms due to hit the supply side over the
next three years through 2011, according to market
research conducted by Thailand
Richmond Group 'optimistic'
Richmond Group chief executive officer Graham Bibby is
doing his part for restoring optimism in the market, so
much so he recently held a seminar entitled ´Why the
Future is Bright for Phuket´.
January 2009
Thailand - Exotiq unveils new Krabi partners
Exotiq Real Estste, South East Asia's largest resort
focused property network began 2009 by announcing their
new operators for the Krabi Province in southern Thailand.
December 2008
Thailand
- Exotiq Phuket One Year On.
Celebrating its first year of operations in Phuket, Exotiq
Real Estate threw a 'toxiq assets' party for its clients,
partner developers and advertisers. Picking up on the
financial crisis buzz words 'toxic assets',
Phuket condos double '05 price.
The average price for a condominium in Phuket is now
Bt101,203 per square metre, almost double the price per
square metre in 2005. The latest Raimon Land research
publication Why Invest Phuket attributed
Work underway on La Colline.
Construction has begun on one of Phuket´s latest villa
estates, La Colline. Translated as ´the hill´, La Colline
will feature 23 three or four-bedroom villas on 33,000
square metres of land overlooking Layan Beach
The Village phase one complete.
Phase one of The Village resort on Coconut Island has been
completed. All four sub-phases of the phase one
development have been complete, allowing the five-star
resort located at the beach of Koh Maphrao
November 2008
Thailand
- Exotiq Living comes to life.
Exotic Properties, the owners' of Exotiq Real Estate,
South East Asia's largest resort focused property agent
and Life Solutions, the Hua Hin based kitchen and interior
supply company have just unveiled their
Kimi Raikkonen unwinds in Phuket.
Kimi Raikkonen´s usual high speed antics took a turn for
the slow lane recently, as he took time out to unwind in
his new Phuket villa. Off the back of a disappointing
Singapore Grand Prix finish, Kimi and his
October 2008
Baan Ratchamaka completed.
The up-market, eight house Baan Ratchamaka development in
Phuket, designed, developed and built by architect Surisak
Thawansakvudhi has recently opened for sales.
September 2008
Royal Phuket Marina launch exhibition and conference
centre.
Royal Phuket Marina, located on Phuket´s east coast, is
set to add another first to it's already impressive
portfolio. The Royal Phuket Marina International
Exhibition and Conference Centre will be ready
Triple win for The Yamu at CNBC
awards.
The Yamu - the world-class resort, marina and villa
development currently under construction on a private
headland on the east coast of Phuket - has won three major
prizes in the 2008 CNBC
August 2008
Surin Hill launches new project.
The luxury property developer Surin Hill Development has
launched its latest project, the Bt2 billion Baan Thai
Layan on Phuket's west coast. Units will not be available
for purchase individually however,
June 2008
TMB launches luxury fund.
TMB Asset Management has launched a Luxury Real Estate
Investment Fund (LUXF) to invest in the Six Senses
Hideaway Yao Noi, which opened last November in Phang Nga
Bay.
Phuket demographics shift.
According to a new report released by a leading real
estate services firm, the profile of buyers investing in
Phuket is changing rapidly. Jones Lang LaSalle reports
that whilst buyers from the UK, US and
Richmond reports strong sales.
Phuket-based developer the Richmond Group has revealed
that units in its developments are being snapped up in
record time by investors eager to get a foothold on the
holiday island.
May 2008
Raikkonen buys into Phuket.
World F1 champion Kimi Raikkonen has become the latest in
a string of sports stars to buy into Thai resort
development. The Finnish Ferrari driver has revealed that
he has invested in luxurious beachfront unit on
April 2008
Thailand - Exotiq Thailand Magazine launched
Exotiq Real Estate, Thailand's largest resort focused
brokerage, has announced the launch of 'Exotiq Thailand'.
This comprehensive property catalogue features a stunning
glossy front cover and contains 140 pages of prime
property
Outrigger sets sail for Thailand.
Outrigger Enterprises Group has announced that it has been
selected to manage a new luxury 400-room full service
hotel and mixed use resort being built in Phuket.
Phuket proving popular with Russians.
The number of Eastern Europeans visiting Phuket has risen
by over 40 per cent since the tsunami, the assistant
director of the Tourism Authority of Thailand's Southern
Bureau has claimed.
Anchan Villas show units nearing
completion.
Buyers interested in investing the nine-unit Anchan Villas
development on Phuket´s Bang Tao beach will soon be able
to view a finished unit, as the project´s show villas are
nearing completion.
Condo developers hit Patong.
The doors of a new 14-unit apartment development on the
outskirts of Phuket´s Patong Beach has just been opened
for viewing. The Patong View Talay project, which was
designed by Michael Kirchner of Modern Architecture
March 2008
Phuket's Miramare development selling fast
A spokesperson for Miramare, a condo development next
to Phuket´s sought after Bang Tao beach, has revealed that
one quarter of its 20 units have been snapped up since its
launch last month. .
Phuket haven for big spenders
Phuket is increasingly attracting investors at the
very top end of the market. The hills stretching out from
Surin beach have long been known to local expats as
'Millionaire's Row', but now the area south of .
Chalong View 'best value on Phuket'
Over 30 per cent of units in a Chalong condominium
project, described by its developer as the ´best value on
the island´ have already been sold to buyers, despite the
fact construction only got underway in .
Jumeirah Island villas for sale
TGR Group Asia, the developer behind Jumeirah Private
Island Phuket, recently announced that Jumeirah Hotel
Beach Villas have now been officially released for sale.
.
February 2008
Yamu legal wrangle a 'test case' for coastal projects
The outcome of the investigation into the legality
of Cape Yamu´s proposed 39-berth Marina may set the bench
mark for future coastal development across Thailand after
Human Rights Commissioner Wasan Panich,.
Land prices in Southern Thailand leap 85.79%
The Treasury Department has revealed estimates that
suggest land prices in the south of Thailand have jumped
by a massive 85.79 percent against a nationwide increase
of 26.9 percent. .
January 2008
Ex-Wimbledon Champ enters Asian market
PHUKET Former Wimbledon champion and property
developer David Lloyd has officially entered the Asian
market with the launch of a new billion Baht luxury villa,
condo and sports club in Phuket. .
November 2007
Australian delegation visits Phuket
A second annual meeting of building industry experts and
delegates took place recently on Phuket. Queensland
Government Minister Robert Schwarten who is also the
Australian Minister for
October 2007
Phuket Condos reach for the skies
Modest in size, but extravagant in terms of their build
quality, luxury facilities and added services, Phukets
high-end condos are drawing big spenders to the island's
better locations.
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